DSP Flexi Cap Fund Direct Growth

Equity
Direct
Flexi Cap
DSP Flexi Cap Fund Direct Growth

About the Fund

DSP Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Atul Bhole. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP Flexi Cap Fund Direct Growth has ₹10559 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

DSP Flexi Cap Fund Direct Growth has given a CAGR return of 16.61% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.88%, 17.74% and 20.14% respectively.

Holdings

DSP Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Tech, Consumer Defensive, Health, Energy, Communication, Utilities. Its top holdings are Bajaj Finance Ltd, HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, Samvardhana Motherson International Ltd

Taxation

As it is a flexi cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of DSP Flexi Cap Fund Direct Growth

The primary investment objective of the Scheme is to seek to generate long term capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of issuers domiciled in India. This shall be the fundamental attribute of the Scheme. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Flexi Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
6860 people have invested ₹ 1.6Cr in DSP Flexi Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
9
/18
39% Performance
33% Risk Management
70% Cost
9 out of 18 among flexi cap
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Beats FD returns for both 3Y & 5Y
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Highly volatile within category

Fund Overview

Expense ratio
Expense ratio
0.72%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹10559 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
28.98%

Fund Distribution
as on (30-Apr-24)

  • Equity 98.6%

  • Debt & Cash 1.5%

Large cap
53.6%

Mid cap
27.3%

Small cap
17.7%

Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
33.8%
Industrial
13.5%
Consumer Cyclical
11.8%
Basic Materials
10.7%
Consumer Defensive
8.7%
Tech
7.6%
Health
6.4%
Communication
2.7%
Energy
2.7%
Utilities
2.1%
All changes are between Feb'24 and Apr'24

Returns for the month of Apr

  • Gainers

  • Losers

Atul Bhole
Atul Bhole
Fund Manager of DSP Flexi Cap Fund Direct Growth, since 1 June 2016

Mutual Fund Insights

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Over the last 15 months, this fund has decreased expense ratio by 11.1% moving from 0.81 to 0.72.
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In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 33.84% return, outperforming this fund by 13.71% per annum.
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In the last 1 year, Bank of India Flexi Cap Fund Direct Growth has given 67.71% return, outperforming this fund by 29.83%.
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This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 0.72% which is lower than the category average expense ratio of 1.17%.
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In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 31.15% return, outperforming this fund by 13.41% per annum.

DSP Flexi Cap Fund Direct Growth Highlights

Risk meter
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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.61% since inception which is less than its category average return of 20.34%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.55% in Equity, 0% in Debt and 1.45% in Cash related instruments
AUM size ₹10559 Cr

AUM size ₹10559 Cr

This fund has AUM of ₹10559 Cr which is more than its category average of ₹ 7777 Cr
Expense Ratio 0.72%

Expense Ratio 0.72%

This fund has an expense ratio of 0.72% which is less than its category average expense ratio of 1.36%

Frequently Asked Questions

The current NAV of DSP Flexi Cap Fund Direct Growth is ₹104.77 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
DSP Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.66%
8.66%
6 Month Returns
15.88%
15.88%
1 Year Returns
37.88%
37.88%
3 Years Returns
63.24%
17.74%
5 Years Returns
150.27%
20.14%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.72% as on May 2024
₹10559 Cr as on May 2024
Bajaj Finance Ltd(6.19%), HDFC Bank Ltd(5.22%), ICICI Bank Ltd(5.12%), Axis Bank Ltd(3.91%), Samvardhana Motherson International Ltd(3.5%) as on May 2024
Financial Services(33.97%), Industrial(13.99%), Consumer Cyclical(12.31%) as on May 2024
The alpha ratio for the DSP Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP Flexi Cap Fund Direct Growth
0.77
-0.66
1.44
As on May 2024
The alpha for DSP Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the DSP Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP Flexi Cap Fund Direct Growth
0.95
0.96
0.96
As on May 2024
The Beta for DSP Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the DSP Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
DSP Flexi Cap Fund Direct Growth
2.15
0.81
0.74
As on May 2024
The sharpe ratio for DSP Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the DSP Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
DSP Flexi Cap Fund Direct Growth
11.03
13.46
19.02
As on May 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.52 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Atul Bhole is the fund manager of DSP Flexi Cap Fund Direct Growth
The Exit load of DSP Flexi Cap Fund Direct Growth is 1%